Wholesalers Have Got NetSuite 2021 Release 2 to Multiple Profits
across wholesale distribution face ceaseless supply chain disruptions and labor
shortages. In addition to this, the ever-challenging and evolving customer
demands have invited more business obstacles for them. NetSuite 2021 Release 2
for Wholesale Distribution has come up with inventive tools to ensure fast,
predictable, and free delivery, and many more to grow and expand.
Distribution businesses can make the most of this inventive cloud ERP to drive
efficiency across inventory control and simplify their e-commerce operations via
adaptive technology as well. NetSuite 2021 Release 2 offers critical new
features to digitize customer experience and enhance customer support.
- Single, customizable system for all
- Accessible from anywhere on any
- Insights to empower in-house team
- Customer Engagement with Omnichannel
- Marketing, Service, Support—all
interactions from an integrated system
Sneak a Peek into NetSuite 2021 Release 2 for Wholesale Distribution
- Accurate and Efficient Lot Numbering—
Users can come across an automated generation of lot numbers after setting a
format for the item. Configuration of custom lot fields for additional
inventory details such as supplier lot number and manufactured date is also
Robust Inventory Management
- NetSuite Warehouse Management System
renders extensive capabilities, including Inventory Flow Management, to
expedite shipping of a pallet from a handheld device.
Independent Supply Chain
- This new release has come up with Supply
Planning Workbench that enables users to plan (daily, weekly, or monthly) as
per dynamic forecasting.
- With new allocation functionality,
you can map and prioritize inventory allocation to sales orders by gross profit
or revenue. It enables you to plan more accurately and promise items with a new
feature as per stock availability at any given location.
- Supply chain lead times, allocation
strategies, and sales channel reservations help simplify the calculation of the
earliest available date for the chosen item. Additionally, insights help
analyze the changes that will impact allocations on other transactions while
relocating the orders.
- Wholesale Distributors can meet
their customers’ quality and compliance initiatives with new functionality. It
helps generate a certificate of analysis for any item in the system as per the customer’s
specific needs via configurable templates.
Integrated Customer Experiences
- By leveraging the core capabilities
of NetSuite 2021 Release 2, you can optimize the ecommerce experience and sell
directly to consumers. A single point-and-click experience enables wholesale
distributors to deliver an engaging shopping experience without much hassle.
- In case, you want to use third-party
sales channels, you can make the most of NetSuite Connectors to drive active
integration for marketplaces, 3PLs, Point of Sale systems, and e-commerce
- The Accounting Preference with NetSuite
for Wholesale Distribution in 2021 helps preserve accurate data in past
transactions and reports.
- Automatic consolidation of purchase
requisitions across subsidiaries and receiving of items at the relevant
subsidiary, irrespective of who placed the order.
- Automatic cross-charges receipt and
payment processes across two different entities to balance ledger and
- New and inventive payment link
feature to email invoices to customers with a link to an online payment portal.
Wholesalers can ask their customers to pay their invoice with a credit or debit
card, and keep all these records as partially paid or full.
deployment of NetSuite ERP solutions, business administrators in Wholesale
Distribution can witness integrated business on a single, customizable platform.
With this extensively engineered solution, you can streamline finance, inventory,
sourcing, orders, warehouse, and marketing efficiently.
distribution companies can aggrandize their business operations to the cloud
and steer scalability across all the verticals. Considering a change from
running the operations on outdated and complex systems can be an intelligent
move. Additionally, a certified NetSuite Partner in India can let you explore
it across all the major verticals, be future-ready with advanced solutions, and
unveil opportunities to lead the competitive edge.
Serving in the field of cloud computing solutions for more than a decade, inoday has won accolades for its exemplary services, willingness to respond, and industry-specific expertise to do away with operational bottlenecks. As an accredited # 1 Oracle NetSuite Partner in India and recently acclaimed as India’s Top Solution Provider by NetSuite, we would assist you in executing your business vision efficiently and driving unrivaled scalability.
For detailed information, Schedule A Demo